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Pulsar Helium Reports First Set of Financials Post-IPO for Q3'23

Newly listed helium explorer, Pulsar Helium, reported Q3'23 financials for nine months ended Jun'23. During the quarter, Pulsar initiated an Ambient Noise Tomography Survey for the Topaz Project, to gather subsurface data for an appraisal well site. The company is also preparing for the drilling of an appraisal well in Q4'23, with the location chosen to avoid intersecting a previous wellbore. Additionally, Pulsar plans to acquire additional tenure in Minnesota through applications to government and private stakeholders. The company ended the quarter with a net loss of US$741k, cash position of US$109k, and total assets worth US$533k.

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